ABDULLAH ALSHANQITI
Jeddah,Saudi Arabia
Summary
Organized Accountant with 4 years of managing accurate accounting information, tax return support, bookkeeping and corporate operations. Astute financial professional with keen eye for detail and high level of integrity. Works well in large teams in corporate environments. Experienced Accountant proficient in laws and procedures governing business operations, tax filings and regulatory compliance. Capable of handling detail-oriented work in methodical and organised fashion. Seeking challenging, growth-oriented position where field expertise, resourcefulness and diligence can make positive impact on business operations. Accounting professional versed in internal controls, taxation and business accounting practices. Focused on helping improve financial solvency with optimised systems and accurate forecasting. Diligent about auditing records and maintaining compliance standards. Organized and dependable candidate successful at managing multiple priorities with a positive attitude. Willingness to take on added responsibilities to meet team goals.
Overview
5
5
years of professional experience
Work History
Senior accountant
Xenel Group
Jeddah, Saudi Arabia
02.2022 - Current
- Assisted in tax preparations, avoiding penalties and late fees.
- Devised innovative solutions to complex financial problems, enhancing operational efficiency.
- Performed monthly reconciliation of bank statements; eliminated monetary discrepancies.
- Improved financial accuracy by implementing rigorous auditing processes.
- Managed and prepared journal entries and reconciliations to support monthly general ledger closing activities.
- Liaised with internal and external auditors in auditing tax filings and payments
- Prepared and submitted returns to tax agencies to meet regulatory requirements
- Collaborated with outsourcing firms to review tax returns and resolve detected problems
- Advised management teams on tax-related matters to facilitate decision-making efforts
- Documented and facilitated incoming and outgoing funds
- Helped resolve disputed claims as official client representative to tax officials.
- Generated invoices based on established accounts receivable schedules and terms.
- Compiled general ledger entries on short schedule with 100% accuracy.
- Ensured timely settlements of intercompany balances promoting better relations between departments.
- Executed all payments accurately, ensuring company's good standing with vendors and suppliers.
- Maintained banking relationships, resulting in streamlined operations.
- Oversaw cash management operations ensuring adequate funds were available when needed.
- Organised and carried out month-end, quarterly and year-end processes.
- Managing accounts receivables, including Customer Follow-up and Customers Ageing Analysis to optimize cash flow.
Accountant
Olayan Food Services
Riyadh, Saudi Arabia
02.2020 - 02.2022
- Accurately documented all cash, credit, fixed assets, accrued expenses and line of credit transactions
- Prepared monthly bank reconciliations with 100% accuracy
- Created quarterly and yearly balance sheets to track financial trends and performance
- Analyzed monthly balance sheet accounts for corporate reporting
- Created periodic reports comparing budgeted costs to actual costs
- Specialized in fixed assets, working with clients to formulate long-term plans to secure 1.2 B book value of assets
- Kept working database of asset worth, property appraisals and changing markets to best plan financial strategies and asset management.
- Assisting in smooth data migration during implementation of new ERP system(FATS) to SAP FICO.
- Conducted financial audits for improved internal controls.
- Resolved discrepancies in asset values promptly, ensuring accurate financial statements.
- Produced accurate depreciation schedules to assist budget planning.
- Managed fixed asset data integrity by conducting routine audits.
- Assured timely disposal of retired assets leading to reduced storage costs.
- Implemented new procedures to enhance efficiency in fixed asset tracking.
- Advised management on financial details related to business operations, inventory levels and budgets.
Education
Course - Auditing
SOCPA
Riyadh, Saudi Arabia 10.2021 - 11.2021
Course - Preparatory Program for VAT Specialist Exam
SOCPA
Jeddah, Saudi Arabia 01.2024 - 01.2024
Fellowship Program - Preparing for CPA Exams
CPA
Saudi Arabia 03.2025 -
Bachelor of Business Administration - Finance
University Of Business And Technology
Jeddah,Saudi Arabia 10.2018
Skills
- Accounts Payable/Accounts Receivable
- Strong communication
- Regulatory compliance
- Audit coordination
- Tax accounting specialization
- Superior attention to detail
- ERP software (SAP & Microsoft Dynamics 365)
- VAT returns
- Finance management
- Advanced Microsoft Excel
- Time management skills
- Payment Processing
- Budget governance
- Data trending knowledge
- Invoice coding familiarity
Personal Information
- Age: 28
- Date of birth: 08/23/1993
- Nationality: Saudi
- Marital status: Married
Languages
English
Fluent
Arabic
Native
Accomplishments
Complete a psychical count for fixed assets project by visiting around over 260 restaurants branches around KSA
References
References available upon request.
Timeline
Fellowship Program - Preparing for CPA Exams
CPA
03.2025 -
Course - Preparatory Program for VAT Specialist Exam
SOCPA
01.2024 - 01.2024
Senior accountant
Xenel Group
02.2022 - Current
Course - Auditing
SOCPA
10.2021 - 11.2021
Accountant
Olayan Food Services
02.2020 - 02.2022
Bachelor of Business Administration - Finance
University Of Business And Technology
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